Overview
What is Florida Tlc Child Care Inc?
Florida TLC Child Care Inc is a nonprofit organization based in Franklington, Louisiana. With approximately 107 homes on its program, the organization is dedicated to providing nutritious and balanced meals for children from low-income families. This is made possible through grants received from the Department of Education's Nutrition Assistance of Louisiana, which provides reimbursement for meals served to childcare providers. The organization employs a small workforce of three individuals, working diligently to ensure the well-being and nourishment of the children under their care.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 67% (Two-Star out of Four Star Rating)
Florida TLC Child Care Inc has earned a Two-Star rating from Charity Navigator, indicating a below-average performance in their overall accountability and finance practices. The rating is primarily based on their accountability and finance score, which stands at 67%. This rating suggests that while the organization maintains some good practices, there are areas that require improvement, particularly in managing liabilities relative to their assets.
Strengths of the organization include a fully independent board of directors, which reflects a commitment to governance standards, and a high program expense ratio of 83.92%, indicating that a significant portion of their expenses is directed towards their organizational mission. Moreover, they have demonstrated effective oversight mechanisms, such as an Audit and Oversight Committee and documenting board meeting minutes, which contribute positively to their accountability practices.
However, the organization does struggle with a high liabilities to assets ratio of 88.27%, which raises concerns about financial stability and sustainability. This could impact their ability to fund ongoing programs and future initiatives. Overall, while Florida TLC Child Care Inc shows strong governance and program expense efficiency, financial management challenges suggest that potential donors should consider these factors when evaluating support for the organization.
This AI summary has been generated from information found on Charity Navigator.
Is Florida Tlc Child Care Inc legitimate?
Florida Tlc Child Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Florida Tlc Child Care Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $52,663
Professional Fundraising Fees: $0
Other Salaries and Wages: $41,086
For more financial information, click here
What is the mission statement of Florida Tlc Child Care Inc?
Florida Tlc Child Care Inc receives grants from the Department of Education and Nutrition Assistance of Louisiana to reimburse meals provided to childcare providers for children from low-income families. The primary mission of this organization is to ensure that these children receive nutritious and balanced meals. The provider is responsible for planning meals suitable for the age of the children. The number of homes participating in this program typically amounts to around 107. This initiative aims to support childcare providers and contribute to the overall well-being of the children by providing them with adequate nutrition.
Who is the CEO of Florida Tlc Child Care Inc?
Brittany Smith is the Smith of Florida Tlc Child Care Inc.
What is the revenue of Florida Tlc Child Care Inc?
Florida Tlc Child Care Inc's revenue in 2022 was $869,707.
Who are the executives of Florida Tlc Child Care Inc and what are their salaries?
The average compensation at Florida Tlc Child Care Inc during 2022 was $31,250. There are 3 employees at Florida Tlc Child Care Inc.
Here are 5 key members and their salaries:
- Compensation: $48,280
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $4,383
- Related: $0
- Other: $0
Where can I find the form 990 for Florida Tlc Child Care Inc?
Florida Tlc Child Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Florida Tlc Child Care Inc
Florida TLC Child Care Inc, as a nonprofit organization, receives grants from the Department of Education's Nutrition Assistance of Louisiana. This financial support enables the agency to reimburse childcare providers for serving meals to children of low-income families. The primary mission of Florida TLC Child Care Inc is to ensure that these meals are nutritious and balanced, catering to the age of the child. The organization encourages childcare providers to plan meals that consider the developmental needs of the children, ensuring they receive proper nutrition. By doing so, Florida TLC Child Care Inc plays a crucial role in supporting the health and well-being of young children from low-income families, ensuring they start their day with a balanced and nutritious meal.
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Impact
July, 2024
Florida TLC Child Care Inc's impact lies in its provision of grants to the agency from the Department of Education Nutrition Assistance of Louisiana for reimbursement of meals to childcare providers for children of low-income parents. This support helps ensure that around 107 homes on the program are able to plan nutritious and balanced meals appropriate for the age of the child. By offering this vital assistance, Florida TLC Child Care Inc plays a crucial role in supporting low-income families in accessing quality childcare services and promoting the health and wellbeing of children in Franklinton, Louisiana.
This information is meant to be a general summary of Florida Tlc Child Care Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Gross Receipts: $869,707
Assets and Liabilities:
- Total Assets: $95,805
- Total Liabilities: $79,137
- Net Assets: $16,668
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Organization Details
Founding Year
1994
Phone
(985) 795-9462Principal Officer
Brittany Smith
Main Address
P O BOX 477, FRANKLINTON, LA, 704380477
NTEE Category
Code: P33 - Human services
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